Deals

Keep up with all of the major leases, investment sales and financing activity in New Jersey.

Retail
Closeout retailer opens new store in Somerset County

A discount closeout retailer has expanded its footprint in New Jersey with a recently opened, 31,000-square-foot store in Somerset County, brokers with Jeffery Realty announced.

Residential & Mixed Use
Equity Residential expands in Jersey City, acquires 131-unit rental building

Equity Residential has acquired a 131-unit apartment community in Jersey City’s waterfront Paulus Hook neighborhood, brokers with Cushman & Wakefield said Monday.

Industrial
Blackstone buys Meadowlands development site for $8 million, CBRE says

The Blackstone Group has acquired a Lyndhurst development site that can accommodate more than 85,000 square feet of new warehouse and distribution space, brokers with CBRE announced.

Retail
Pierson touts lease, opening of new 38,000 sq. ft. fitness club in Woodbridge

A fitness chain has debuted its ninth location in New Jersey and its first in Middlesex County, following a recently announced 38,000-square-foot lease by Pierson Commercial.

Industrial
NAI Hanson inks sale of 7,800 sq. ft. Hackensack property

An electrical contractor has acquired a 7,800-square-foot industrial and flex property in Hackensack, under a transaction arranged by NAI James E. Hanson.

Office
C&W: Mack-Cali sells 193,000 sq. ft. Bridgewater office building

Mack-Cali Realty Corp. has sold a nearly 193,000-square-foot office building in Bridgewater to Edgewood Properties, in a newly announced deal by Cushman & Wakefield.

Industrial
Stro acquires 55,000 sq. ft. industrial portfolio in Clifton

The Stro Cos. has added to its holdings in Clifton with the acquisition of a two-building, 55,000-square-foot portfolio in the city.

Office
CBRE: Foundation launched by Eagles star acquires Cherry Hill building

A free food truck service launched by Eagles quarterback Carson Wentz has found a new headquarters, acquiring a 4,546-square-foot office property in Cherry Hill.

Industrial
HFF: Avidan, Elberon add 135,000 sq. ft. warehouse in Jersey City

A joint venture has acquired a vacant, 134,500-square-foot warehouse just off the New Jersey Turnpike extension in Jersey City, in a newly announced transaction by HFF.

Retail
Fitness chain inks 16,500 sq. ft. sublease in Union, CBRE says

A new Planet Fitness location is slated to open in Union after subleasing more than 16,000 square feet in the township, brokers with CBRE announced Thursday.